what's velodrome finance?
Velodrome Finance is a decentralized exchange (DEX) and automated market maker (AMM) built on the Optimism network, serving as the central trading and liquidity hub for the Superchain ecosystem. It combines innovative features from protocols like Curve, Convex, and Uniswap to offer deep liquidity, low fees, minimal slippage, and efficient token swaps. The platform's governance model allows NFT holders to vote on VELO token emissions, directing incentives to liquidity pools while earning protocol fees and rewards. Slipstream, a key feature, enables concentrated liquidity pools with high yields, such as up to 934% APR on select pairs like CELO-WETH. In 2025, Velodrome has seen explosive growth, surpassing $13 billion in cumulative volume across the Superchain and ranking as the top DEX on eight chains. It supports liquidity provision on multiple chains including OP Mainnet and Unichain, with recent expansions boosting year-over-year volume by over 25%.
Velodrome introduced VerifiedERC20 token standard and launched Superchain Superswaps.
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optimistic-ethereum
Introduced a new token standard called VerifiedERC20 in 2025.
Launches Superswaps feature, enabling seamless swaps across the Superchain.
Slipstream LP pools launch on Ink chain with three pools offering yields of ~515% (WETH-VELO), ~360% (kBTC-USDG), and ~261% (USDC-WETH).
Velodrome-Aero merger finalized with Q4 revenue run-rate at eight-figure levels; programmatic buybacks of approximately 0.56M and 1.84M AERO tranches executed and max-locked for 4 years.
Autopilot liquidity management tool becomes 100% free to all users on the platform.
Slipstream LP pools on Unichain offer yields of ~456% (USDT0-WBTC), ~277% (USDT0-WETH), and ~164% (WETH-VELO).
Three pools on Celo offer voting APRs of 32.43% (USDT/USDC), 27.76% (CELO/USDT), and 23.88% (CELO/USDC) for veVELO voters who complete Self Protocol's ZK-powered proof-of-humanity verification.
Top pool on Unichain achieves $15.72 volume per $1 liquidity in 24 hours, demonstrating 27x greater capital efficiency versus competition at $0.57.
Domain migration completes with enhanced security protocols now live for increased domain protection.
Robinhood Crypto lists Aerodrome ($AERO) for trading including in New York, with AERO scheduled to merge with VELO.
MetaMask shows security alert for the main URL, and three Slipstream LP pairs on Ink offer APY rates of 490% (USDT0-WETH), 435% (kBTC-USDG), and 212% (WETH-kBTC).
Velodrome Finance launched on Celo blockchain in 2025 alongside Uniswap v4, Aave, and Bancor.
Combined voter earnings reach $200M for the year across both platforms, and MetaDEX03 upgrade to Aero economic engine is scheduled for Q2 2026.
Native rsETH minting and bridging launches on Ink chain with integration on Velodrome Finance.
Merge details between Aerodrome ($AERO) and Velodrome ($VELO) are scheduled for Q1 2025.
Epoch 182 achieves all-time high Unichain volumes of $167M and surpasses $2B total volume year-to-date, while ranking as #1 DEX across 8 chains with $343M+ in Superchain volume.
54% of supply is locked with average duration of 3.61 years, 89% are auto-max locked across 14,000+ veVELO holders, and $73M+ in voter rewards have been distributed to date.
LP rewards on OP Mainnet reach 482% for oUSDT-OP, 390% for USDC-WETH, and 209% for USDC-WBTC pools.
Slipstream LP rewards on Unichain reach 991% APY for USDT0-WBTC pool, 442% for oUSDT-WETH, and 221% for USDC-WETH.
Top pool on Unichain generated comparable volume to top competitor pools in the last 24 hours with only 1% of the TVL, achieving over 85x efficiency.
Domain hijacking of Velodrome and Aerodrome occurred due to an internal breach at domain registrar NameSilo.
Both platforms experience a front-end compromise with users urged to avoid main domains.
An investigation into a root cause continues, with users advised to only use two decentralized mirrors for accessing the platform temporarily.
Aero sets Q2 2026 as launch date for the unified liquidity hub.
Autopilot launches as the rebranded ALM system, offering free automated liquidity management with zero fees for all users.
Boosted yield of 25-36% vAPR available for verified users via Stabila incentives on Velodrome Finance.
Neither Velodrome Finance nor Aerodrome Finance raised funding or sold tokens, with teams described as users of their own products.
Slipstream LP rewards on Unichain offer yields of 218% for USDC-WETH, 126% for WBTC-USDT0, and 111% for WBTC-WETH pairs.
Dromos Labs officially names the unified liquidity hub "Aero" which brings together Aerodrome and Velodrome on MetaDEX03 architecture.
The Aerodrome-Velodrome merger expands to Ethereum, Arc, and Syndicate, creating a crosschain exchange powered by MetaDEX03 technology.
Velodrome Finance receives public recognition from Uniswap Foundation.
Velodrome Finance experiences growth on Unichain with increasing daily trading volume.
AERO trades at $0.85, down 29% from $1.20 at the time of the Dromos/Velodrome merger announcement.
VELO token drops 20% following the merger announcement with Aerodrome in a sell-the-news event.
Q2 2026 set as target date for the merger with Aerodrome and Arc-related activities.
New merged protocol named "AERO" launches on Ethereum and Circle's Arc with token distribution of 94.5% to Aerodrome holders and 5.5% to Velodrome holders based on annual revenue.
Merger of Velodrome into Aerodrome announced alongside Aerodrome's expansion to mainnet.
Stabila Foundation week #9 incentives offer 64% APR for veVELO holders on eligible Celo pools with up to 22% additional yields for Self Protocol verified users.
Security audit completed by MixBytes. Boosted rewards program launches on Celo chain.
Partnership with Eigenpie and Swell Network launches mswETH-WETH pool offering over 188% APR from trading fees and incentives plus 2.65% restaking yield, with liquidity providers earning 2x Eigenpie Points throughout Season 4 toward upcoming $EGP airdrop eligibility.
Top ETH pool on Unichain generates 15x more volume per dollar of liquidity compared to competitors in the last 24 hours.
Volume reaches $11B year-to-date on OP Mainnet, with $315M+ in Superchain volume and #1 DEX position across 8 chains during Epoch 179.
Partnership with Self Protocol announced, a blockchain identity verification system with over 7M users that leverages zero-knowledge proofs for privacy-preserving verification and is endorsed by the Ethereum Foundation.
Slipstream LP rewards launch on Ink blockchain featuring APY rates up to ~3,619% for USDT0-USDG pair, with five additional pairs offering returns between ~129% and ~1,053%.
Slipstream V2 upgrade is fully live across both Velodrome and Aerodrome MetaDEXs, completing the deployment previously scheduled for November 9.
Announces boosted voter rewards on Celo with approximately 37% APY for USDT-WETH and USDT-USDC pairs.
Slipstream V2 and Autopilot upgrades scheduled for November 9, 2025.
$VELO and $AERO event scheduled for November 12 in New York.
VELO/AERO merger discussions show recent price movement with large addresses accumulating both tokens, though the token structure details of the merger remain undisclosed.
Records $226M+ volume across Superchain and $105M beyond OP Mainnet in Epoch 178, with $193K in voting rewards distributed and ranks as #1 DEX across 8 chains.
DeFi Wonderland joins as core developers alongside Dromos Labs to shape the future development of Velodrome and MetaDEX.
Dromos Labs (Aerodrome, Velodrome) participates in Circle's Arc public testnet launch as a DEX provider for decentralized trading and liquidity pools, joining enterprise-grade blockchain infrastructure alongside major global financial institutions, payment companies, and asset managers.
Stabila Foundation announces week #7 of Velodrome Finance incentives on Celo offering 264% APR with boosted rewards for verified humans through SelfProtocol integration.
Optimus tool receives update adding price slippage checks and 0.001% precision entry for Velodrome Finance pool deployments to improve capital efficiency.
Velo Launch launches soon. (Tweet ID: 1980753949545337215)
oUSDT launches on Soneium with Velodrome integration, allowing users to bridge USDT from Ethereum and swap tokens between Superchain and Soneium via Superswaps, powered by Chainlink.
Ink L2 on Op Superchain achieves 239.2M TVL by Oct 20 (up from 6.45M on Oct 15), with growth attributed to Tydro non-custodial lending powered by Aave.
DromosLabs builds MetaDEX infrastructure for Ethereum L2 liquidity routing with no VC funding or token sales, with revenue tied directly to protocol performance. The project attracts interest from 40 smart money accounts including Andre Cronje (Moni Score: 25.4k).
Both Velodrome and Aerodrome front-ends remained unaffected during the AWS outage due to their entirely onchain architecture with zero centralized dependencies.
$VELO and $AERO tokens to be merged into a unified token for Dromos Labs.
Velodrome Finance is building on Self Protocol, alongside Google Cloud and Aave.
Epoch 176 achieves $522M+ trading volume across Superchain (highest since January), with $162M+ from chains beyond OP Mainnet and #1 DEX ranking across 8 chains.
USDG liquidity pools on Ink chain provide yields up to ~1,189% APR for WETH-USDG, ~304% for kBTC-USDG, and ~16% for USDT0-USDG.
Core contributors host an event next month in New York for builders from the Velodrome and Aerodrome ecosystems.
Two new GHO liquidity pools (GHO-USDT0 and GHO-USDC) launch on Ink chain and become eligible for VELO emissions.
Latest Slipstream LP yields on OP Mainnet: USDC-SNX ~350%, USDC-WLD ~154%, USDC-OP ~146%.
mswETH-WETH liquidity pool launches in collaboration with Swell Network and Eigenpie, offering up to 82% APR and 2x Eigenpie Points rewards for liquidity providers.
Primary domain is blocked for AT&T users, with team actively working with web2 service providers on a fix while providing decentralized mirror access as temporary workaround.
Total 2025 volume surpasses $13B milestone (up from $10B in early October) with Epoch 175 recording $324M+ across Superchain, while achieving #1 DEX ranking across 8 chains and extending volume growth streak to 3 consecutive weeks.
Latest Slipstream LP yields on Unichain: USDC-WETH ~282%, WBTC-WETH ~170%, oUSDT-USDC ~122%.
Surpasses $10 billion in total volume year-to-date in 2025 on OP Mainnet, averaging ~$1 billion per month with 25%+ year-over-year growth.
Updated Slipstream liquidity pools feature CELO-WETH at ~934% APR, WBTC-WETH at ~310%, USDC-WETH at ~130%, and WETH-OP at ~110%.
Q3 2025 records highest quarterly volume with over $4.5B across the Superchain, while Unichain integration sees 7x volume growth quarter-over-quarter.
New Slipstream liquidity pools on Unichain network offer yields of ~207% for USDC-WETH, ~198% for oUSDT-WETH, and ~88% for WBTC-USDC.
Liquidity pool for mswETH-WETH offers 98% APR through Swell Network integration, available for Eigenpie users.
Slipstream LP rewards updated with USDT0-WETH pool offering ~362% yields, WETH-kBTC at ~124%, and USDT0-kBTC at ~86%, featuring integration with Ink protocol opportunities.
Token locking metrics show 53% of supply locked for average 3.62 years, with $75M+ in voting rewards distributed across 14,000+ veVELO holders.
Slipstream LP rewards show wstETH-OP pool offering ~721% yields, USDC-WLD pool at ~499%, and USDC-VELO pool at ~320%.
Platform surpasses $12B in total volume, marking a significant milestone for the protocol.
Top ETH pool on Unichain generates 5x more volume per dollar of liquidity compared to competitors in the last 24 hours, while BOLD/USDK pool receives additional rewards this month.
The mswETH-WETH pool offers 60% APR through partnerships with Swell Network and Eigenpie.
1-Click Swaps feature goes live, allowing users to complete token approvals and swaps in a single transaction powered by Pectra technology.
Slipstream LP rewards on Celo network show high APYs with CELO-WETH at ~270%, USDT-WETH at ~263%, and CELO-cEUR at ~117%.
V3 incentives go live on Celo network with weekly rewards distributed across 11 pools, while "humans only" pools launch offering boosted voter rewards using SelfProtocol.
VELO ranks as the #5 trending cryptocurrency in 24 hours with a price of $0.01511.
A new $AERO competitor launches on Base with Velodrome grant funding and significant USDC liquidity in pools.
Token unlock on September 20th releases 3 billion VELO tokens worth $48.22 million, representing 13.63% of circulating supply.
Technical feature called Nightride offers fully onchain and chain abstracted UI capabilities.
Velodrome launches a new token standard called VerifiedERC20 and implements it to boost rewards for real humans using SelfProtocol.
Latest epoch delivers $213M+ volume across Superchain and achieves #1 DEX ranking on 8 chains while distributing $207K+ in voting rewards.
The mswETH-WETH pool delivers a 63% APR boost through collaboration with Swell Network and Eigenpie.
ETH-USDC pair achieves top position on OP Mainnet with 220% APR, significantly outperforming competitors offering 11% APR.
Monthly volumes have increased 100x since launching on Unichain.
BOLD token bridging is now available on Swell Network, with a new BOLD-USDK liquidity pool offering ORKI token rewards.
Internal security audit finds no vulnerabilities on the website following today's NPM incident/hack affecting the broader ecosystem.
The Unichain deployment records the highest volume to TVL ratio performance in Q3.
Achieves $9B all-time volume milestone on OP Mainnet while generating $317M+ in Superchain volume and $268K+ in voting rewards during Epoch 170.
New Slipstream LP pools offer up to 8,599% APR for WETH-ANITA pair, with three additional pairs ranging from 269-584% APR
mswETH-WETH pool offers 61% APR yield farming opportunity via Swell Network and Eigen partnership
New ION liquidity pools offer 73% APR on MODE Network and 52% APR on Base Network through Velodrome and Aerodrome respectively.